SEGMENT AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 31, 2020

SEGMENT AND GEOGRAPHIC INFORMATION

SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 9—SEGMENT AND GEOGRAPHIC INFORMATION:

The Company operates as a single reportable segment encompassing the manufacture and sale of confectionery products. Its principal manufacturing operations are located in the United States and Canada, and its principal market is the United States. The Company also manufactures confectionery products in Mexico, primarily for sale in Mexico, and exports products to Canada and other countries worldwide.

The following geographic data includes net product sales summarized on the basis of the customer location and long-lived assets based on their physical location:

	2020		2019		2018
Net product sales:
United States	$	431,024	$	478,790	$	471,561
Canada, Mexico and Other		36,403		44,826		43,690
	$	467,427	$	523,616	$	515,251
Long-lived assets:
United States	$	155,664	$	155,428	$	151,770
Canada		28,765		30,412		31,843
Mexico and Other		2,899		2,615		2,488
	$	187,328	$	188,455	$	186,101

Sales revenues from Wal-Mart Stores, Inc. aggregated approximately 23.5%, 24.2%, and 24.1% of net product sales during the year ended December 31, 2020, 2019 and 2018, respectively. Sales revenues from Dollar Tree, Inc. (which includes Family Dollar which was acquired by Dollar Tree) aggregated approximately 11.7%, 11.3%, and 11.2% of net product sales during the year ended December 31, 2020, 2019 and 2018, respectively. Some of the aforementioned sales to Wal-Mart and Dollar Tree are sold to McLane Company, a large national grocery wholesaler, which services and delivers certain of the Company’s products to Wal-Mart, Dollar Tree and other retailers in the U.S.A. Net product sales revenues from McLane, which includes these Wal-Mart and Dollar Tree sales as well as sales and deliveries to other Company customers, were 22.1% in 2020 and 17.7% in 2019 and 17.4% in 2018. At December 31, 2020 and 2019, the Company’s three largest customers discussed above accounted for approximately 21% and 30% of total accounts receivable, respectively.